Jelurida Announces Details of Second ICO for IGNIS Tokens

20 million JLRDA will be offered in each of the four batches, for a total of 80 million JLRDA.

Jelurida, the development company behind Nxt software and the Ardor blockchain platform, today announced the roadmap for its ICO second round (of five) for the IGNIS crowdsale.

The announcement from Jelurida comes after its development team collected a total of 24M NXT tokens in minutes during the first round.

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From August 26 to August 31, participants will have a second chance to purchase IGNIS tokens, currently under the placeholder name JLRDA, in exchange for the NXT token.

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Concerning the terms of the second round, which will be also conducted on the Nxt blockchain platform, a total of 20 million JLRDA will be offered in each of the four batches, for a total of 80 million JLRDA. The cost of a single JLRDA token in the second round is 0.55 NXT.

Purchasing JLRDA tokens requires NXT, but users are able to exchange other cryptocurrencies to NXT within the Nxt wallet using third party exchanges.

The purchased JLRDA currency units will only serve as proof of ownership and initial IGNIS balance for the Ardor Genesis Snapshot. Being a controllable currency, the JLRDA tokens will not be tradeable or transferable between user accounts.

Commenting on the upcoming ICO, Kristina Kalcheva, legal expert and co-founder of Jelurida, said: “We are very excited to hold the second crowd funding round for the IGNIS token. Our goal at Jelurida is to create custom child chains on the Ardor platform, as we see the parent/child blockchain structure as the next big step in the industry. Jelurida aims to promote secure, decentralized, and stable blockchains for government, financial, and various other organizations worldwide. The launch of IGNIS is the first step in doing so.”

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